VIDEO: Fox's Tesla Re-Coil

Fox News and Fox Business previously portrayed electric carmaker Tesla Motors as another "failure" of the Obama administration's green energy investments. But since it is now clear that the company is doing well, both networks have developed amnesia about its federal loan, with Tucker Carlson claiming that "they don't take any government subsidies at all."

Tesla recently reiterated its plans to repay a loan granted through the Department of Energy's Advanced Technology Vehicle Manufacturing program ahead of schedule. This followed a series of positive developments, including the company's first quarterly profits and a shining review of the Model S sedan by Consumer Reports. Financial services firm Morgan Stanley recently told Raw Story that "Many funds approach an investment opportunity by first asking: does the company do something better or cheaper than anybody else? Tesla is beginning to convince the market it may do both."

But no matter how Tesla fares in the coming years, it seems likely that Fox News will change its reporting to follow suit. In 2012, Fox News' claim that Tesla was a "failed" company was eventually adopted by the campaign of then-presidential candidate Mitt Romney. Later, Fox News admitted Tesla was a "success", eventually forgetting its federal loan in the process.

CNN has announced it hired former Department of Justice spokesperson Sarah Isgur Flores as a political editor to "coordinate political coverage for the 2020 campaign at the network." This hiring decision is surprising given Isgur’s lack of journalism experience, her conflicts of interest stemming from previous roles in the Trump Justice Department and multiple GOP campaigns, and the fact that she personally pledged loyaly to Presdient Donald Trump. But, additionally, Isgur repeatedly made cable news appearances where she pushed false and highly partisan talking points over the years, raising even more questions about the value of involving her in 2020 campaign coverage.